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Retirement planning

Question
How should I plan for retirement? 
Answer
Retirement is not an end point; it's a journey. To plan your retirement well, you must consider it both emotionally and financially.

Although some retirees will stay actively engaged with contract work or start a small business, about 40% don't have a clear vision of what they want to do after retirement. Another 22% of retirees are uncertain searchers who are financially okay but not emotionally ready for retirement.

The people who have the most successful retirements meet these five criteria:

- Early planning
- Clear vision of retirement
- Continued engagement and activity
- Leveraging professional advice
- Financial preparedness

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Brain Trust contributor: Vice President of Retirement Wealth Strategies, Ameriprise Financial
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